Ally Web Directory: Free Articles » Finance » Uncovering Celebrities’ Credit Card Deals and Debts

Hollywood is one of America’s symbols. Most of worldwide known celebrities live their fabulous life in the US stars’ forge. TV shows, tabloids flash with famous singers, bands, actors and actresses. You hear their songs on the radio, watch movies with them playing starring roles, and, of course, you see them on the news blocks overblowing another scandal, or being spotted with some other celebrities, etc. But what is revealed in this article is not a common subject for the press.
You, obviously, know that numerous bank accounts are where celebs keep their fortunes. But have you ever wondered what credit cards they use to pay for their exclusive clothes and royal-class services? Here are the top three credit card offers popular with the rich and famous.
American Express Centurion is a black-status credit card with a, so-to-say, reverse credit limit. the thing is that this card’s owner has to spend not less than $ 250,000 a year. Its annual fee makes up $ 2,500. Quite a shocking price for some little plastic thing.
What benefits does it give? The perks are really of a black-prestige standard. With this card such concierge services as front-row seats at a Lakers game, or reservations at VIP exclusive restaurants, and suites de luxe at best hotel chains all over the world are just a pleasant addition to other benefits this card comes with.
Citibank Ultima is a reward credit card. What do you think Citibank has to offer the richest people of the world to please them? A free ride in a limo with a bottle of Crystal? Think wider. With this card celebrities get an access to a private Gulfstream jet or to 80 feet-long yacht with a crew that is ready to gratify any of stars’ fancies. Even a rent of a private island is available to Citibank Ultima card holders.
The Coutts & Co.’s World Card is the most exclusive deal top US banks are ready to offer to high and mighty. It is some kind of a limited edition. Just 100 people can qualify for this card. Only those, who can boast an account with millions of dollars. Together with “typical” (high-class) rewards and services, just one phone call — and a night private shopping spree anywhere you like will be arranged for you before you can say Jack Robinson.
Imagine just for a second that you have one of these luxury cards. Feels like being a star, huh? Yeah. But let’s come back down to earth and think rationally. Will you be able to stay out of debts with a card like this? Obviously, not.
As a reasonable alternative to all those imperial credit card offers, you can check regular, really profitable credit card deals from top US banks and credit companies on <a href="http://www.credit-card-analyzer.com" target="_ blank">credit-card-analyzer.com</a>.
A person with average income will not be able to escape debtor’s prison using such a card, you say, celebrities can easily afford buying everything they want  - from a designer’s dress to an island somewhere in the Caribbean Sea, without even thinking of being in debt. Correction. Stars get into debts, too. They even face bankruptcy. Cannot believe it? Here are some proofs.
Kim Basinger declared bankruptcy in 1993 to settle the claim for $ 6 million from her studio, after she violated the contract. She rejected to star in Boxing Helena 4 weeks before the shooting.
 Mike Tyson also filed for bankruptcy some years ago. His debt was equal to $ 70 million, while the fortune he earned during his boxing carrier over $ 150 million.
Snoop Dogg, Demi Moore, Stephen King, Jennifer Lopez, and even Madonna have faced money problems and debts. And this is just the top of the iceberg. Who knows? May be Bill Gates was a persistent defaulter some day.
So, this is just another dark side of the lifestyles of the rich and famous. And maybe next time you try walking in their shoes you will notice that one of them is too tight for you…